“As we enter the year’s halfway point, the once predictable Denver Metro real estate market feels topsy-turvy as we navigate the new landscape.
A once reliable market with a peak selling season in June has taken a detour. The main culprit of higher interest rates is easy to identify. However contrasting perspectives on the market have been summed up well by memes circulating the internet: buyers fear a repeat of 2008, sellers hope for a return to 2021 conditions and renters expect interest rates to drop back to three percent. While none of these views are true, the increasing inventory is moving our market towards a balanced market with the current months of inventory sitting at 2.78.”
Libby Levinson-Katz
Chair of the DMAR Market Trends Committee and Denver REALTOR®
  • LUXURY MARKET ($1,000,000+): “June usually symbolizes the kick-off to summer fun in the Denver Metro area: pools open, camping spots fill up and crowded planes depart DIA for favorite vacation destinations. But for home sellers in the $1+ million real estate market, June was anything but fun. Breaking with the historical trend of high-priced sales in June, last month featured some of the most sluggish activity the $1+ million market has seen in years. The $1+ millions segment is now a full-blown buyer’s market. Sellers in this market will be left out of the summer fun unless they update their home before listing, price conservatively and expect to pay a closing concession. Otherwise, they will be sitting idle throughout the long dog days of summer.” Colleen Covell, DMAR Market Trends Committee Member & Denver REALTOR®
  • SIGNATURE MARKET ($750,000 – $999,999): “Traditionally, the 4th of July represents more than just fireworks and fun; it also marks the end of the summer buying season. This timing makes sense as most buyers want to settle into their new homes before the end of summer and the start of the school year. This year, however, the fireworks went off early, leaving June uncharacteristically slow. The gap between sellers and buyers continues to widen, as does the preference for detached over attached properties. June provided proof that this market continues to evolve and test the resilience of both buyers and sellers. As Realtors® advising our clients, using market indicators, setting expectations and relying on our intuition have never been more important.” Andrew Abrams, DMAR Market Trends Committee Member & Denver REALTOR®.
  • PREMIER MARKET ($500,000 – $749,999) “For buyer who have been looking for the past few months and missing out on homes that were selling too quickly, June brought a much slower pace. Last year, buyers in this price range had to move quickly, with homes spending a median of only seven days on the market. This year, however, that time has increased over 71.43 percent, with home staying in the MLS a median of 12 days – providing those buyers a much calmer and more controlled “Ferris wheel” type experience. Even though the largest number of transactions took place in this price category, they experienced the highest number of median days intthe MLS. What I’ve learned from the past months is that the market has become very unpredictable. It feels like nothing is making sense – like we are at the amusement park, but we’re in the fun house.” Susan Thayer, DMAR Market Trends Committee Member & Denver REALTOR®.
*Remarks from Pages 14-15 of the June 2024 Market Trends Report from DMAR
As we gear up for the new school year, setting up a productive homework space can make a big difference in your child’s academic success. From choosing a quiet spot to personalizing the area, these simple tips will help you create an environment where your kids can thrive and stay focused. Let’s make this school year the best one yet!
Choose a Quiet Spot: Select a quiet, well-lit area free from distractions.
Keep Supplies Handy: Stock up on necessary supplies like pencils, paper, and calculators.
Ergonomic Seating: Invest in an adjustable chair to ensure proper posture and comfort.
Timer or Clock: Have a clock or timer available to help your child manage their time effectively.
Organize with Bins & Shelves: Use storage solutions to keep the space tidy.
Personal Touches: Let your child personalize their space with their favorite colors, posters, or artwork.
DOWNLOADABLE CHECKLIST
Back to School Checklist
Get ready for the new school year with Madison’s Back-to-School Checklist!
Contact Me
5975 S. Quebec Street Suite 100,
Greenwood Village CO 80111

 

New Year. New Opportunity!

What opportunities will you have to buy or sell a home this year? Don’t think you’ll have one? Think again!

Let’s start by looking waayyy back to December 2023, and then we’ll look forward.  Aside from the seasonal slowdown, higher interest rates and low inventory, have had the most impact on the market.  You can dive deeper by clicking the full Denver Real Estate Market Trends  report, and know I’m always here for you with home values and neighborhood trends catered to your specific needs. Now, back to the future.

In my experience…

Winter is the best time to buy a home. Fewer buyers are willing to face the cold, postponing their shopping for early spring, giving you an opportunity to make an offer with less (or no) competition. And sellers who sell in the winter generally have good reason to. This means their motivation is driven by their needs rather than their wants. Another opportunity!

Waiting for the rates to fall?  Don’t. While nobody knows for sure what will happen in 2024, we are anticipating multiple rate drops as the economy stabilizes, but the “waiters” often lose. Think about it. If you buy early, you’ll be gaining equity as prices rise with demand. Buyers who wait to time the market will face a different set of challenges. Lower rates bring more buyers, bidding wars and higher prices which increase the gains for those willing to buy now and refinance once all that rate dropping happens.  Today’s rates from my lending partner, Select Lending Services, look a lot better overall than where we were last year.

 

 

Let’s talk about how 2024 can open a real estate opportunity for you!

I have been called many things in my life– strong, compassionate, wise- and the “B” word, as in bossy. I’ve spent hours at kitchen tables and RiNo coffee shops, dispensing advice and Kleenex, bringing clarity to the confused and donuts to the distraught. These caffeinated, altruistic moments can get messy. Dreams are shared along with struggles. Questions and voices and glasses are raised, ideas get thrown around, sentences get interrupted, and napkins are nervously shredded. In other words, magic happens. Nothing feels better than a problem-solving download with a very good friend, then saying goodbyes with a hug and a plan. 

Danielle LaPorte- “We all just want to be seen and heard. No exceptions.”

This dynamic works best when it works both ways and within my trusted circle I am uplifted, held, and given a swift kick in the pants when I need it. Friendship, connection and community are as old as time and perhaps never as vital to our well-being as they are in today’s crazy swirl of a world where we are bombarded with information and disinformation. The time we spend together gives us the opportunity to listen to one another with our hearts, share our insights and practice empathy. It lifts us up, makes us more generous human beings. Why is it so much easier to fix another’s ills than it is to cure what ails you? Because blindside is never 20/20.

Dr. Seuss — “When you’re in a Slump, you’re not in for much fun. Un-slumping yourself is not easily done.”

The idea of being paid to help people get unstuck and on track with their thoughts, habits and desires sounds like a good thing for an empath, doesn’t it? People tell you where they think they want to go, you help them hone in and be specific, then craft a strategy on how to get there; like Google Maps for the soul. When we listen carefully to one another, when we talk freely, we share our goals, obstacles and frustrations. What we’re often missing is the awareness of what we already know, and because answers are inherent in the question, it sounds pretty simple. So simple, we slap our foreheads when the answer is right under our…knows.

A Life Coach is different than a therapist, mentor, shaman or babysitter. Each of these are useful, respectable professions (often sharing the same tasks) a life coach wields more than a riding crop and whistle. The coach’s superpower is accountability. Even the friends we check in with daily, accountability from a pro is altogether different. There is $kin in the game, a weekly Zoom meeting, and someone who is not only listening, but taking notes.  Dreams and goals are chunked out, tasks are broken down into actionable items and timelines are integrated into strategy, and your Life Coach isn’t going to hijack your session talking about her latest Tinder disaster.

While great friendships evolve organically over time, finding a great coach requires its own investment. Surfing the Internet you’ll find great adjectives on their websites- passion, empowerment, confidence, transformation, tools– (and who doesn’t want more of those?) but it takes more than keywords to find the right fit. et’s take a look at what they do.

  1. Identify true desire.
  2. Identify any obstacles or objections to desire.
  3. Align resources to achieve desire.
  4. Search for where the manifestation of this desire lives.
  5. Connect manifestation with recipient of desire.
  6. Ensure manifestation, recipient and desire are in alignment.
  7. Write offer, go under contract, schedule inspection… oh wait.

The next time someone tells me I should be a life coach, I’ll remind them I’m a Realtor. We make many choices, some make life better while others go wildly wrong. Choosing a friend, mentor, lover or life coach can enhance the quality of your days and nights. Choose wisely.

 

 

When it comes to stuff, there is always too much, much too much of the time.

All of it needs my attention, nothing gets enough of it and like everyone I know, I’m sleep-deprived and overwhelmed. The dishes don’t do themselves, the mail keeps piling up, the pet sheds, the news howls, the weeds grow, and the laundry perpetually plots against us. Just when you’ve finished folding the last load, hot from the dryer on a sweltering day, you peel off your dirty clothes and the cycle begins again. Tabletops are rarely clear, drawers are full of long-lost keys and screws and parts unknown and the Christmas decor… don’t even.

There’s my own stuff, and the boys’ stuff, and the stuff the boys bring home from “the bins” to sell online that seems to multiply, and there’s all the stuff that’s been left behind. I swear I’m not a hoarder, I just have too much stuff.  I’ve cut way down on buying and try to take two things out for everything that comes in, but I’m losing the battle and the war. Maybe it’s the spin of the news cycle that’s got me twitterpated, but I find myself waking up to the rotating clutter of  life and the world at large. It’s America, after all, and we’re nothing if not a consumer culture but it is insane.

Our collective obsession with stuff is the emotion we attach to it. My brother dies. Stuff. My husband dies. More stuff. All of this stuff is too precious to be tossed because that feels disrespectful, right? Losing the person is unbelievably hard, letting go of a shoebox full of “How are you? I am fine” letters written by a love-struck middle-schooler should be easy. But it isn’t.  I’m overly cautious, telling myself I’m saving things for the boys who may want to wander through these someday, even thought they’ve shown no interest over the last four years, and heaven forbid when my time comes, they’ll be stuck with a slim life insurance policy and a bunch more stuff.

Still… it feels like you’re erasing an existence.

What’s stacked in the garage, taking up space on shelves and in rafters, isn’t what overwhelms me… at this point.  I’m concerned with what is right in front of me; the clothes I move from closet to closet as the seasons change, skirts too small and pants whose rise has grown short over the year, the shoes to be tripped over, and that folded laundry that’s yet to make it into the drawers. On Memorial Day weekend I spent a little “down time” looking at the feng shui of my home, trying to clear the chaos by moving furniture while listening to self-help podcasts on my iPod. Feng Shui is an interesting concept regarding the auspicious placement of your stuff to create good “chi”, which is all a fancy way of saying spring cleaning with magical intention followed by the dance of the tchotchkes.

The entire ritual made me feel better. Space was opened up, things were grouped in harmonious ways and, if the Internet is right I should be rolling in money faster than a wire from the Prince of Nigeria. While obsessing on the Bagua, best mirror placement, and the right corner for the lucky bamboo, I learned of a lesser-known feng shui practice. Getting rid of twenty-seven things a day for nine days. This is meant to empty what is too full, making room for more abundance (i.e. stuff). Both 9 and 27 are lucky numbers but something tells me that in the days some 3,500+ years before the invention of the magnetic compass, your average Chinese household didn’t have much more than twenty-seven things. Maybe that’s why they didn’t go a full two weeks.

Simplifying my life is an ongoing process, complicated by the need to make a living, the consumerist barrage of American lifestyle and some basic fears of letting go. Drawn to the efficiency and magic of it, I will embark on this journey, ready to pitch 243 things in less than a fortnight.  I’m sure it it will take a few rounds before I’d make it to the garage, but it’s a start. I’ll let you know how it goes next week… if I don’t chuck the computer.

 

Did you know that Denver Botanic Gardens is ranked one of The World’s Most Beautiful Botanic Gardens? I’ve walked there every month for a year, sometimes more. Comfortable with the sweetness of time passing, I walk with friends or I walk alone. I always have an extra ticket…

https://www.magisto.com/album/video/eXh8BQYDRAB9dQt0eg1FAXt-cQUEAg

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[/vc_column_text][vc_column_text]You may have seen Brene Brown’s TED Talk before, maybe not.  I watched it again today and I’m sharing with you because it’s soooo good. I hope you enjoy.[/vc_column_text][/vc_column][/vc_row]

 

 

“I honestly believe that without Tracy, we would not be living in our dream house today. Tracy’s knowledge, intuition, skill and personality put her at the top. She really cares about people and fairness to both sides. She negotiated a win-win situation where both parties came away happy.” -Jeanne Ellis